Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
PDVSA is trying to retool the upgrades to process a simpler form of heavy oil.
Read More »Putin Prepares to Withdraw Support for Maduro
Global Energy Investment at $1.85trln
Upstream oil and gas spending in 2018 rose by nearly 4percent year-on-year to $477billion.
Read More »OPEC to Gather in Jeddah amid Regional Tensions and Price Volatility
Saudi Arabia and the UAE had pledged to raise output to offset any outages in the market.
Read More »Oil Prices Rise as US-China Trade Tensions Rise
Investors are focusing on the US-China trade tensions.
Read More »Global Green Energy Investment far Short of Paris Goals
Total energy investment stabilized at about $1.85trn in 2018 after three years of decline.
Read More »U.S. Shale Output to Hit New Record of 8.49 Million bpd in June
The EIA projected gas output would increase in most of the big shale basins in June.
Read More »Crude Oil Futures Largely Stable after Trump Comments on China Trade
China will increase tariffs on $60 billion of products imported from the US.
Read More »Iran has Right to Partially Suspend Nuclear Deal Commitments
Iran has the right to partially suspend its commitments under the 2015 nuclear deal.
Read More »Iran Warns Against `Conspiracy by Ill-Wishers` Over `Sabotage` at UAE Port
The suspected attack didn’t lead to any casualties or oil spill.
Read More »Two Saudi Oil Tankers Attacked Near UAE Waters
one of the two Saudi vessels attacked was on its way to be loaded with Saudi crude from Ras Tanura port for delivery to state-owned Saudi Aramco’s customers in the United States.
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